A statement released earlier today by Vetr Inc. about NetGear, Inc. (NASDAQ:NTGR) bumps the target price to $60.73

Having a price of $54.10, NetGear, Inc. (NASDAQ:NTGR) traded -0.69% lower on the day. With the last close up 5.83% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. NetGear, Inc. has recorded a 50-day average of $57.16 and a two hundred day average of $48.93. Volume of trade was down over the average, with 275,775 shares of NTGR changing hands under the typical 328,774

On 10/4/2016, Vetr Inc. released a statement on NetGear, Inc. (NASDAQ:NTGR) upped the target price from $0.00 to $60.73 that suggested an upside of 0.11%.

Performance Chart

With a total market value of $0, NetGear, Inc. has price-earnings ratio of 24.63 with a one year low of $31.94 and a one year high of $60.82 .

A total of 5 analysts have released a research note on NetGear, Inc.. zero analysts rating the company a strong buy, three analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $46.70.

More About NetGear, Inc. (NASDAQ:NTGR)

NETGEAR, Inc. is a global networking company. The Company's product line consists of devices, such as network attached storage, Internet protocol security cameras, and home automation devices and services. Its segments include retail, commercial and service provider. The retail business unit consists of home networking, home video security, storage and digital media products. The commercial business unit consists of business networking, storage and security solutions. The service provider business unit consists of whole home networking hardware and software solutions, as well as fourth-generation long term evolution hotspots sold to service providers for sale to their subscribers. It has operations in the Americas, Europe, Middle-East and Africa, and Asia Pacific. The Company sells its products through multiple sales channels, including traditional retailers, online retailers, wholesale distributors, direct market resellers, value-added resellers and broadband service providers.